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Cyber Monday sales jump 14 percent from a year earlier

U.S. retailers reported strong Cyber Monday sales and are on track to set a new record, with high traffic even knocking down the websites of some retailers, such as Target's website, which crashed because of heavy traffic.

Sales on Cyber Monday, the busiest day of the year for internet shopping, saw an increase of 14 percent from a year earlier at $490 million between midnight to 10 a.m. ET, according to report by Adobe Digital Index.

Website outages and slow checkouts during the five-day shopping spree, which started on Thanksgiving Thursday, were also reported at PayPal, department store chain Neiman Marcus, Wal-Mart Stores, L Brands, Victoria's Secret, and Foot Locker.

Mobile, which includes phones and tablets devices, accounted for 53 percent of shopping visits, driving 32 percent of online sales, the report revealed.

(Copyright 2015 by BNO News B.V. All rights reserved. Info: sales@bnonews.com.)

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